Section 5.8  Council Procedure. 
Upon receiving a certified initiatory or referendum petition from the Clerk, the Council shall, within thirty (30) days, either:  (a) If it be an initiatory petition, adopt the ordinance; (b) If it be a referendum petition, repeal the ordinance; or (c) If the Council neither adopts nor repeals the ordinance, as the case may be, the Council shall submit the proposal to the electors.